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80 percent electricity savings with a new storage solution from SMA and LG Chem

SMA Solar Technology and LG Chem have partnered to serve this market segment. The companies worked together to develop a flexible solution to store photovoltaic power and thus reduce the consumer cost of electricity by more than 80 percent. Going forward the companies are planning to expand the focus of their collaboration on utility-scale storage solutions with the SMA Sunny Central Storage battery inverter.

The online portal Sunny Places gives users of both storage solutions a transparent overview of their home, giving them a view of their household energy flows and access potential savings. And with the Sunny Home Manager, the system can be integrated into a comprehensive energy management system, if needed.

The storage solutions from SMA and LG Chem will be available in Europe and Australia December 2016.